X3 Holdings Co Ltd
X3 Holdings Co., Ltd., through its subsidiaries, provides software application and technology services to corporate and government customers in the People's Republic of China. The company offers global digital trade platforms and services that provides cross-border trades, logistics and shipping, customs clearance, and transactions and settlements; trade zone operations solutions that enable supp… Read more
X3 Holdings Co Ltd (XTKG) - Total Assets
Latest total assets as of June 2025: $71.73 Million USD
Based on the latest financial reports, X3 Holdings Co Ltd (XTKG) holds total assets worth $71.73 Million USD as of June 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
X3 Holdings Co Ltd - Total Assets Trend (2016–2024)
This chart illustrates how X3 Holdings Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
X3 Holdings Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
X3 Holdings Co Ltd's total assets of $71.73 Million consist of 29.5% current assets and 70.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 4.9% |
| Accounts Receivable | $19.53 Million | 22.6% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $11.07 Million | 12.8% |
| Goodwill | $4.84 Million | 5.6% |
Asset Composition Trend (2016–2024)
This chart illustrates how X3 Holdings Co Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: X3 Holdings Co Ltd's current assets represent 29.5% of total assets in 2024, a decrease from 78.4% in 2016.
- Cash Position: Cash and equivalents constituted 4.9% of total assets in 2024, down from 32.9% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 17.0% of total assets, an increase from 0.0% in 2016.
- Asset Diversification: The largest asset category is accounts receivable at 22.6% of total assets.
X3 Holdings Co Ltd Competitors by Total Assets
Key competitors of X3 Holdings Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Alpha Modus Holdings, Inc
NASDAQ:AMOD
|
USA | $403.26K |
|
Opter AB
ST:OPTER
|
Sweden | Skr42.72 Million |
|
TurnKey Capital Inc
PINK:TKCI
|
USA | $870.80 Million |
|
Digital China Information Service Co Ltd
SHE:000555
|
China | CN¥13.60 Billion |
|
Fujian Newland Computer Co Ltd
SHE:000997
|
China | CN¥13.83 Billion |
|
YGSOFT Inc
SHE:002063
|
China | CN¥4.58 Billion |
|
Dhc Software Co Ltd
SHE:002065
|
China | CN¥25.81 Billion |
|
Zhejiang Netsun Co Ltd
SHE:002095
|
China | CN¥1.57 Billion |
X3 Holdings Co Ltd - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - X3 Holdings Co Ltd generates 0.13x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - X3 Holdings Co Ltd is currently not profitable relative to its asset base.
X3 Holdings Co Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.95 | 1.31 | 1.04 |
| Quick Ratio | 0.95 | 1.31 | 1.04 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-1.26 Million | $ 10.20 Million | $ 1.27 Million |
X3 Holdings Co Ltd - Advanced Valuation Insights
This section examines the relationship between X3 Holdings Co Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.06 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -50.9% |
| Total Assets | $86.40 Million |
| Market Capitalization | $164.36K USD |
Valuation Analysis
Below Book Valuation: The market values X3 Holdings Co Ltd's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: X3 Holdings Co Ltd's assets decreased by 50.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for X3 Holdings Co Ltd (2016–2024)
The table below shows the annual total assets of X3 Holdings Co Ltd from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $86.40 Million | -50.90% |
| 2023-12-31 | $175.96 Million | +34.74% |
| 2023-06-30 | $130.59 Million | 0.00% |
| 2022-12-31 | $130.59 Million | +13.73% |
| 2022-06-30 | $114.82 Million | 0.00% |
| 2021-12-31 | $114.82 Million | +8.13% |
| 2021-06-30 | $106.18 Million | 0.00% |
| 2020-12-31 | $106.18 Million | +246.09% |
| 2019-12-31 | $30.68 Million | +10.45% |
| 2018-12-31 | $27.78 Million | +27.45% |
| 2017-12-31 | $21.80 Million | +66.66% |
| 2016-12-31 | $13.08 Million | -- |